With the work permits promised in Obama’s orders, those workers could add an estimated $43 million in tax revenues because their wages would increase and more of them would file income tax returns, according to the Institute on Taxation and Economic Policy. Those workers already pay more than $152 million in state and local taxes annually, according to the Immigration Policy Center.
The Center tabulated in 2012 that the purchasing power of Colorado’s Latinos — the ethnic group that by far makes up the largest segment of immigrants and those in the statewithout legal permission — totals $21.8 billion. That is an increase of more than 454 percent since 1990. Asian residents’ buying power totaled $6.6 billion — an increase of 766 percent.